Jaguar Land Rover sales up 10 percent at 52332 units in November

Range Rover Autobiography by SVO Bespoke

Tata Motors luxury carmaker Jaguar Land Rover (JLR) reported 10% year-on-year (YoY) growth in its November month with sales of 52,332 units.

Range Rover Velar comes with a compelling list of standard features with highly customisable options to provide a modernistic approach towards vehicle personalisation for a new Range Rover customer.

Land Rover sales were driven by the arrival of Range Rover Velar, the new Discovery - both powered by Ingenium engines made at its Wolverhampton engine manufacturing centre and more established models such as the Discovery Sport and Range Rover Evoque.

Jaguar retail sales were 13,688 vehicles in November, down 6.3 percent compared to the same month past year, as sales of the long wheelbase XFL in China were more than offset by lower sales of XE. "The response we have got for the Range Rover Velar has been tremendous", he said without disclosing the booking numbers.

What Are Analysts Report About UnitedHealth Group Incorporated (UNH)
Current trade price levels places VLO's stock about -1.68% away from the 52-week high and closed 40.01% away from the 52-week low. California Public Employees Retirement System acquired 50,900 shares as Altisource Residential Corp (RESI)'s stock rose 7.36%.

Overall on geographical basis, JLRs retail sales were higher in overseas market with 19.7% y-o-y growth, followed by China with 19.1%, the United Kingdom with 8.6% and North America with 7.8%.

JLR's sales in the United Kingdom rose by nine per cent and Europe was two per cent down.

"November has been a robust month for Land Rover, driving sales up globally across all of our key regions", JLR Group Sales Operations Director Andy Goss said.

The company says retail sales of Jaguar's new compact SUV, the E-Pace, which was introduced in the United Kingdom and European market, helped it achieve the growth in sales. So far in the April-September period this fiscal, JLR sales have grown 45 per cent over the year-ago period, he said, adding the company expected to carry forward the sales momentum on the back of new products and network expansion.

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